Analysts at Bernstein report that Bitcoin (CRYPTO: BTC) is on the verge of new highs. They attribute this potential surge to increased corporate treasury accumulation, record inflows into Bitcoin ETFs, and a significant drop in supply held on exchanges. Approximately 9% of Bitcoin’s total supply is now held by institutions and corporates, creating an environment poised for valuation appreciation. As demand outpaces supply, the conditions surrounding Bitcoin remain favorable for bullish sentiment and prospective market movement.